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Oil and Renewables

Oil and Renewables latest

Venezuela banks $300M from first U.S. brokered oil sale
January 21st, 2026 - 10:03 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Venezuela banks $300M from first U.S. brokered oil sale

ALBAWABA- Venezuela has received $300 million in oil revenue from a U.S. facilitated crude sale, interim president Delcy Rodríguez announced on Tuesday, marking the first funds to flow under an oil agreement arranged after the kidnapping of President Nicolás Maduro earlier this month. Rodríguez said the funds, part of an expected $500 million in proceeds from U.S. sales of Venezuelan crude, will be channeled into the foreign exchange market through national ...
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Turkey will also import at least 5 million tons (100,000 barrels per day) of Iranian crude in 2014, the same amount that it purchased last year,
February 25th, 2014 - 03:55 GMT

Business and friends don't mix: Iran refuses to lower gas price for Turkey, despite complain

Al Bawaba
February 24th, 2014 - 12:30 GMT

Omanoil employees recognized for upholding highest standard of customer care

Al Bawaba
February 24th, 2014 - 12:18 GMT

ENOC honours over 40 UAE National Development Programme graduates

ArabPlast 2015 will showcase latest technologies and track market trends of the Middle East petrochemicals industry
February 24th, 2014 - 07:55 GMT

What diversification? KSA Petrochemical exports projected to reach 100 million tonnes by 2016, marking a whooping 250% growth

Dubai Electricity and Water Authority
February 24th, 2014 - 05:55 GMT

DEWA commissions new AED 118 million substation at Dubai Airport Free Zone

Al Bawaba
February 23rd, 2014 - 08:26 GMT

EQUATE, GPCA & EPA organize beach clean-up day


Erbil has been insisting, all these months on a central, somewhat independent role, for its Kurdistan Oil Marketing Company (KOMO)
February 23rd, 2014 - 03:55 GMT

Time for a deal, and for Turkey to stop meddling: Iraq and Kurdistan headed towards a deadlock over oil revenues

Jordan and Iraq are speeding up their measures and efforts to construct the pipeline, a senior official at the Aqaba Special Economic Zone Authority (ASEZA) told The Jordan Times.
February 23rd, 2014 - 03:55 GMT

Iraq to quench Jordan's thirst for oil with preferential prices, $18 billion pipeline

The Tamar partners will sell the gas over 15 years starting 2016.
February 20th, 2014 - 08:05 GMT

In attempt to escape Egyptian gas disruptions, Jordan seals $500 million gas deal with Israel

At the start of 2014, Iraq has become one of the world’s fastest-growing emerging markets, offering huge opportunities for those fast and flexible enough to gain a foothold
February 20th, 2014 - 07:53 GMT

Grand expectations: aiming to become the world's fastest growing economy, Iraq commits to $145 billion worth of oil projects

The Kingdom, the world’s largest crude exporter, shipped 7.54 million barrels a day on average last year, up from 7.41 million barrels a day in 2012.
February 20th, 2014 - 07:33 GMT

Wait until Iran joins in: Saudi oil production hits 12 year high

Al Bawaba
February 19th, 2014 - 11:51 GMT

Empower in talks to bring international IDEA conference to Dubai

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